Pattern Graphix makes it possible to analyze charts, get information in what direction you should open a trade, and determine the target to exit the market in a timely manner as well as find out how often you should open deals. Working with Pattern Graphix, you will receive an immediate visual and sound notification of the formation of various graphical models.
2019-08-19 Bullish Rectangle USDCAD M30
According to the chart of M30, USDCAD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3274, the lower border is 1.3259. The signal means that a short position should be opened after fixing a price below the lower border 1.3259 of the Bullish Rectangle.
2019-08-19 Double Top EURGBP M5
On the chart of EURGBP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9134; the lower boundary 0.9129; the width of the pattern 5 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.9114 level.
2019-08-19 Bullish symmetrical triangle USDCAD M5
According to the chart of M5, USDCAD formed the Bullish symmetrical triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3259/1.3267 whereas the lower border goes across 1.3274/1.3267. The pattern width is measured on the chart at -15 pips. If the Bullish symmetrical triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.3267 is broken, the price could continue its move toward 1.
2019-08-19 Triple Bottom NZDCAD M5
The Triple Bottom pattern has formed on the chart of NZDCAD M5. Features of the pattern: The lower line of the pattern has coordinates 0.8530 with the upper limit 0.8530/0.8523, the projection of the width is 11 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 0.8519, the price is most likely to continue the upward movement.
|Time||Country||Macroeconomic Indices||Period||Previous Reading||Forecast||Actual Reading||Importance|
|11:00||Consumer Price Index||Jul||1.1%||1.1%|